360 Cumberland Ave, Portland, ME 04101 For Sale

360 Cumberland Avenue is a ±6,800 SF mixed-use

building situated on ±0.12 acres in the heart of

Portland, just steps from the Old Port, one of the

city’s most desirable and walkable destinations.

The two-story asset consists of five residential

units and four street-level commercial spaces,

offering a strong blend of stable in-place income

and long-term upside in a proven urban

submarket.

The ground-floor commercial units benefit from

excellent visibility and foot traffic along

Cumberland Avenue, supported by a dense

surrounding mix of restaurants, retailers,

entertainment venues, and hospitality uses that

define downtown Portland. Residential units

above feature updated interiors, efficient layouts,

and consistent demand driven by proximity to

employment centers, the waterfront, and

Portland’s vibrant dining and arts scene.

Recent exterior improvements have enhanced

curb appeal while preserving classic Portland

character, and the property’s urban infill location

provides a durable investment profile with limited

nearby supply. With close proximity to the Old

Port, Commercial Street, Cross Insurance Arena,

and major employers and institutions, 360

Cumberland Avenue presents a compelling

opportunity to acquire a stabilized, income-

producing asset in one of Southern Maine’s

strongest and most resilient markets.